Barclays plans to price buffered digital notes linked to Russell 2000

By Angela McDaniels

Tacoma, Wash., March 4 - Barclays Bank plc plans to price 0% buffered digital notes March 24, 2016 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than or equal to zero, the payout at maturity will be par plus the digital percentage, which is expected to be 17.25% and 19.25% and will be set at pricing. Investors will receive par if the index declines by 20% or less and will lose 1% for every 1% that the index declines beyond 20%.

Barclays is the agent.

The notes will price March 21 and settle March 26.

The Cusip number is 06741TQF7.

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